While growing up, I watched a lot of comedy programs. I enjoyed them so much I can tell the stories of quite a number of them. My father had gone for his masters in the US in 1986, when he returned, he had recorded hours on end of films, comedies and musicals. I loved the comedies, I still do. I watched different strokes, gimme a break, the Jeffersons, three’s company, Sanford and Son, Bill Cosby Show, just to mention a few. I’m sure I’m bringing back some memories already
Last week, when this site was down, I gained inspiration from remembering a phrase from one of those comedies. I told a friend that this phrase was going to be the title of my next article. The site was down, I got so busy, I forgot, until yesterday when I got to hear rumours that a number of HYIPs accounts had been frozen. A friend sent me a letter with EFCC letterhead reportedly written by EFCC to Nigerian International Bank. The letter was a stop order notice for the accounts of Sefteg Investments, Nospetco, Treasureline, Wealth Solutions, Wealth Zone, Greenminds and Flagship pending investigations.
Some banks have started reacting to this stop order, and I feel strongly, that it is good that you know. I expect that one or more of this will scale through the investigations successfully, but I can’t say for most. I guess I have shared my thoughts on some of these, and we have an idea where things might lead.
The story I actually remembered was one from a Sanford and Son episode. In this episode, Lemond – the son, was hanging out with the wrong guys, he was playing poker with them and staking his money for bigger returns. His father called him and told him, that a fool and his money are soon parted. That when you have money, and you don’t seek for information, knowledge, and wisdom before going to market with it, it will go.
For all those that listened and invested only what they could loose, congrats! For those of you that invested what you borrowed, I hope you are not on a gliding path to loosing your jobs. Hopefully the investigations will not sink where you invested your money. And if it does, hope they will be able to pay at least a percentage of money invested. Pray!
Nobody is above scrutiny. We can only all make sure that we all make sure we are doing verifiable things. I won’t be surprised if the name of our investment club also surfaces, we have assurances from our lawyers that we are not violating any law in running an investment club. Our other guaranteed service is also anchored directly on a partner that has been cleared. We’ll only need to work to ensure that we are remain above board.
No matter what you are investing in, or where you put your money, ensure you spend time developing yourself. He that gets gear before he gets wit, is but a short time the master of it. Ensure that your wisdom matches your worth, else it won’t be long before you become a has been. I know of miners who have made millions within a lucky break, and had gone back to begging for money. Let’s learn, lets grow. Failure is not final, success is never ending. We loose some, we win some, but we don’t allow the ones that we loose debar us from the ones we might win.
I wish you all the best in the weeks ahead. I’ll let you know as soon as I hear verifiable information.





Speaking of the beginning of the end…it might seem stupid to ask but correct me if I’m wrong. Hazonwao and Wealthzone seem to have gone unscathed by recent ongoings?
Would you recommend I invest in them? I am thinking of doing so. But of course, I want your opinion as to if this is a good idea or not considering all that has been going on with other schemes. Do you think these two will remain ‘unattacked’ by CBN and co.? And, are they properly registered or whatever they need to be to be apparently legal?
Next question: If I could only invest in one of the two, which should it be and why?
Would appreciate your comments and advice. Or if you’ve written something before that you can refer me to, that’s great too.
Again, great job on the site….I come here often now!
Well, that was quite serious, but i wonder what could be wrong with the hyip countries,If Nospetco can go through such problem, then its quite very hard then, cos tis company is a joint venture that claims to deal in oil and gas, atleast if i dont know about their activities, im sure of one thing,that i see Nospetoc trailers and trucks transporting oil on the expressways at the back of my house everyday!
I wonder if Nospetco is into oil or something else….You may put your opinion on the sit n lets see!
i think hazonwao is only the trusted and tested fund manager going by the present haooenings in the country.they are properly focused and missioned.they have the best policy and pay reasonable returns.
Well, I grab all what you pointed out, but Wealth Solutions sent out text messages to people last two weeks to bear with them that as soon as possible when they reopen soon, they would start disbursing to their investors.
But if the Financial regulatory body have ordered all HYIPs’ Accounts closed, is it not possible for them to order all investors’ monies refunded?
Since all have begun to crumble here, what about the foreign ones like Clubfreedom & co?
You can get in on something early enough to actually know you will be earning money before it even gets out of the chute?
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Hi all,
Happy New Year,
Did you see the side headline of BusinessDay of Friday, 4 2008.
If not, look for it and scan through the content. If the company u signed with is not included, then u’re lucky – u may be able to get ur money back. Otherwise, pray.
The headline reads “Ivestment Tribunal seals 37 ‘wonder banks’, Freezes accounts.
I noticed that Hazonwao has always been missing in all of these bruhaha and they are still paying returns consistently.
Wealth Zone, I know also wants to pay returns but happenings in recent times have been beyond their control. Please lets pray for them.
wish u da best.
Kekule
its sad o. i hope all involved are able to get their money back.
That’s Nigeria for you. we stand to correct the ills.